General Dynamics Corporation (GD) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

General Dynamics Corporation (GD) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

GD Income Statement

General Dynamics Corporation (GD) annual income statement — 30-year revenue, gross profit & net income history

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21

Sales/Revenue	14.09B	13.48B	14.38B	12.91B	13.04B	12.22B	13.34B	11.67B	11.98B	10.73B	11.67B	10.57B	10.15B	9.88B	10.85B	9.97B	9.19B	9.39B	10.29B	9.57B
Revenue Growth %	8.07%	10.29%	7.8%	10.59%	8.89%	13.9%	14.31%	10.41%	17.97%	8.6%	7.53%	5.97%	10.48%	5.21%	5.43%	4.25%	-0.34%	0.03%	-1.8%	1.45%
Cost of Goods Sold	11.91B	11.34B	12.24B	10.94B	11.09B	10.33B	11.25B	9.86B	10.18B	9.07B	9.74B	8.91B	8.59B	8.36B	9.02B	8.31B	7.6B	7.86B	8.53B	7.94B
COGS % of Revenue	84.51%	84.1%	85.11%	84.75%	85.05%	84.51%	84.37%	84.44%	84.97%	84.5%	83.52%	84.32%	84.56%	84.58%	83.13%	83.31%	82.67%	83.67%	82.84%	82.96%
Gross Profit	2.18B	2.14B	2.14B	1.97B	1.95B	1.89B	2.08B	1.82B	1.8B	1.66B	1.92B	1.66B	1.57B	1.52B	1.83B	1.67B	1.59B	1.53B	1.77B	1.63B
Gross Margin %	15.49%	15.9%	14.89%	15.25%	14.95%	15.49%	15.63%	15.56%	15.03%	15.5%	16.48%	15.68%	15.44%	15.42%	16.87%	16.69%	17.33%	16.33%	17.16%	17.04%
Gross Profit Growth %	12.01%	13.21%	2.69%	8.37%	8.28%	13.83%	8.42%	9.53%	14.87%	9.12%	5.02%	-0.42%	-1.57%	-0.65%	3.68%	2.15%	5.08%	2.47%	-4.54%	2.9%
Operating Expenses	723M	723M	689M	637M	644M	625M	662M	635M	644M	627M	635M	601M	605M	586M	604M	567M	614M	626M	580M	550M
OpEx % of Revenue	5.13%	5.36%	4.79%	4.94%	4.94%	5.11%	4.96%	5.44%	5.38%	5.84%	5.44%	5.69%	5.96%	5.93%	5.57%	5.68%	6.68%	6.67%	5.64%	5.75%
Selling, General & Admin	723M	723M	683M	637M	644M	625M	662M	635M	644M	627M	635M	601M	605M	586M	604M	567M	614M	626M	580M	550M
SG&A % of Revenue	5.13%	5.36%	4.75%	4.94%	4.94%	5.11%	4.96%	5.44%	5.38%	5.84%	5.44%	5.69%	5.96%	5.93%	5.57%	5.68%	6.68%	6.67%	5.64%	5.75%
Research & Development	0	0	486M	0	0	0	565M	0	0	0	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	3.38%	-	-	-	4.24%	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	-1000K	0	0	0	-1000K	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	1.46B	1.42B	1.45B	1.33B	1.3B	1.27B	1.42B	1.18B	1.16B	1.04B	1.29B	1.06B	962M	938M	1.23B	1.1B	978M	908M	1.19B	1.08B
Operating Margin %	10.36%	10.53%	10.1%	10.31%	10.01%	10.37%	10.67%	10.12%	9.65%	9.65%	11.04%	10%	9.48%	9.49%	11.31%	11.01%	10.64%	9.67%	11.52%	11.29%
Operating Income Growth %	11.88%	11.99%	2.04%	12.7%	12.89%	22.39%	10.48%	11.73%	20.17%	10.45%	4.97%	-3.73%	-1.64%	3.3%	3.46%	1.67%	1.98%	-3.2%	-6.39%	0.75%
EBITDA	1.69B	1.65B	1.46B	1.56B	1.53B	1.49B	1.66B	1.4B	1.37B	1.25B	1.51B	1.26B	1.17B	1.16B	1.47B	1.32B	1.19B	1.12B	1.43B	1.29B
EBITDA Margin %	12%	12.25%	10.15%	12.06%	11.72%	12.2%	12.47%	11.99%	11.46%	11.62%	12.94%	11.97%	11.52%	11.78%	13.52%	13.2%	12.95%	11.94%	13.86%	13.49%
EBITDA Growth %	10.67%	10.8%	-12.21%	11.29%	11.29%	19.57%	10.13%	10.59%	17.45%	7.13%	2.93%	-3.95%	-1.76%	3.84%	2.88%	2.01%	0.59%	-2.78%	-5.06%	0.55%
D&A (Non-Cash Add-back)	231M	232M	8M	226M	223M	223M	240M	218M	217M	211M	222M	208M	207M	226M	240M	219M	212M	213M	240M	211M
EBIT	1.46B	1.44B	1.51B	1.35B	1.32B	1.29B	1.56B	1.2B	1.17B	1.05B	1.43B	1.06B	962M	938M	1.44B	1.1B	978M	908M	1.33B	1.08B
Net Interest Income	-49M	-69M	-63M	-74M	-88M	-89M	-76M	-82M	-84M	-82M	-78M	-85M	-89M	-91M	-85M	-86M	-95M	-98M	-93M	-99M
Interest Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Expense	49M	69M	63M	74M	88M	89M	76M	82M	84M	82M	78M	85M	89M	91M	85M	86M	95M	98M	93M	99M
Other Income/Expense	-53M	-51M	-53M	-59M	-73M	-68M	-55M	-67M	-66M	-68M	-61M	-66M	-76M	-58M	-16M	-45M	-55M	-59M	-54M	-65M
Pretax Income	1.41B	1.37B	1.4B	1.27B	1.23B	1.2B	1.37B	1.11B	1.09B	968M	1.23B	991M	886M	880M	1.21B	1.05B	923M	849M	1.13B	1.01B
Pretax Margin %	9.98%	10.15%	9.73%	9.86%	9.45%	9.82%	10.26%	9.54%	9.1%	9.02%	10.52%	9.37%	8.73%	8.91%	11.16%	10.56%	10.04%	9.04%	11%	10.61%
Income Tax	247M	244M	256M	213M	218M	206M	220M	184M	185M	169M	222M	155M	142M	150M	219M	151M	157M	119M	180M	155M
Effective Tax Rate %	17.56%	17.82%	18.3%	16.75%	17.69%	17.17%	16.08%	16.52%	16.97%	17.46%	18.09%	15.64%	16.03%	17.05%	18.08%	14.34%	17.01%	14.02%	15.9%	15.27%
Net Income	1.16B	1.13B	1.14B	1.06B	1.01B	994M	1.15B	930M	905M	799M	1B	836M	744M	730M	992M	902M	766M	730M	952M	860M
Net Margin %	8.23%	8.35%	7.95%	8.2%	7.78%	8.13%	8.61%	7.97%	7.56%	7.45%	8.61%	7.91%	7.33%	7.39%	9.14%	9.04%	8.34%	7.77%	9.25%	8.99%
Net Income Growth %	14.4%	13.18%	-0.44%	13.87%	12.04%	24.41%	14.23%	11.24%	21.64%	9.45%	1.31%	-7.32%	-2.87%	0%	4.2%	4.88%	3.93%	3.11%	-4.99%	3.12%
Net Income (Continuing)	1.16B	1.13B	1.14B	1.06B	1.01B	994M	1.15B	930M	905M	799M	1B	836M	744M	730M	992M	902M	766M	730M	952M	860M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	4.25	4.10	4.17	3.89	3.74	3.66	4.15	3.35	3.26	2.88	3.64	3.04	2.70	2.64	3.58	3.26	2.75	2.61	3.39	3.07
EPS Growth %	13.64%	12.02%	0.48%	16.12%	14.72%	27.08%	14.01%	10.2%	20.74%	9.09%	1.68%	-6.75%	-1.82%	1.15%	5.6%	6.19%	5.36%	5.24%	-2.87%	5.86%
EPS (Basic)	4.30	4.16	4.23	3.94	3.78	3.69	4.20	3.39	3.30	2.92	3.68	3.07	2.72	2.66	3.62	3.29	2.77	2.63	3.42	3.09
Diluted Shares Outstanding	273.8M	274.1M	273.9M	271.8M	270.94M	271.75M	276.9M	277.9M	277.72M	277M	275.9M	274.75M	275.09M	276.65M	277.2M	276.38M	278.94M	279.94M	280.6M	280.4M
Basic Shares Outstanding	270.2M	270.2M	269.9M	268.8M	268.14M	269.04M	273.4M	274.4M	274.12M	273.5M	272.8M	272.58M	273.14M	274M	274M	273.92M	276.27M	277.07M	278.3M	278.6M
Dividend Payout Ratio	36.98%	36%	35.43%	38.05%	39.65%	38.53%	33.88%	41.94%	42.98%	45.18%	35.82%	43.42%	48.39%	47.26%	34.78%	38.25%	45.56%	45.21%	34.87%	38.6%